Evertec’s initiative seeks to provide visibility and amplify the impact of nonprofit organizations in Puerto Rico.
Funding can be accessed through the Federal Home Loan Bank of New York.
Aimed at educating entrepreneurs, community leaders, founders and investors on how to "take advantage of the benefits of Law 60."
An additional 454 net businesses emerged when compared to the prior quarter, Labor Secretary Gabriel Maldonado-González said.
All PMI sub-indexes reflected a monthly expansion in the sector.
The new eatery will employ 50 people who will join a team of 700 employees islandwide.
The bank, which has had local presence for 30 years serving the commercial sector exclusively, will likely open two branches in Ponce and somewhere between Mayagüez and Aguadilla.
People 55+ in Puerto Rico are still lagging in internet access, which limits them from receiving services.
About a quarter of respondents have had to raise prices and still lack employees.
Venue adds business, retail partners and announces events, along with renewed entertainment and dining offerings.
Frontier will expand service to San Juan and Aguadilla and adds a new Ponce route.
FEMA, the SBA and the National Flood Insurance Program have provided assistance.
The organizations received donations online and via Evertec's ATH Móvil platform.
The total cost of the project is estimated at more than $417 million in FEMA funding.
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